SD Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: A potential recovery in energy prices driven by economic improvement and increased demand may push SD back to the $15-$17 range, especially given current low price levels relative to historical highs.




Bearish Case: Continued market instability, exacerbated by geopolitical tensions and low trading volumes, could drive SD further down, potentially dropping prices below $10 as bearish sentiment dominates.




Potential Outcomes:
  • Price recovery to $15 (30% probability).
  • Continued stagnation around $12-$13 (40% probability).
  • Drop to below $10 due to economic downturn (30% probability).




Trading Oracle: Consider deploying a bullish debit spread using the SD 01/17/2025 12.50 C and selling the 15.00 C. This strategy utilizes low IV conditions while potentially capitalizing on expected movement. Focus on a 6-12 month horizon.



November 29, 2024


Sandridge Energy Inc New Forecast

SD        Sandridge Energy Inc New











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PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.83)


MOS Forecast + Options Trading Strategies   MOS  Mosaic (0.82)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.8)



Uncorrelated Assets

Assets with little price relationship to SD



TGB Forecast + Options Trading Strategies   TGB  Taseko Mines (0.0)


COIN Forecast + Options Trading Strategies   COIN  Coinbase (-0.01)


NOVA Forecast + Options Trading Strategies   NOVA  Sunnova Energy International (-0.01)


OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.01)


ADBE Forecast + Options Trading Strategies   ADBE  Adobe (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SD



HEI Forecast + Options Trading Strategies   HEI  Heico (-0.76)


BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (-0.77)


COHR Forecast + Options Trading Strategies   COHR  Coherent (-0.78)


ISRG Forecast + Options Trading Strategies   ISRG  Intuitive Surgical (-0.79)


GWRE Forecast + Options Trading Strategies   GWRE  Guidewire Software (-0.83)


SD News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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